What is Positive EV Sports Betting Strategy? Making Money Explained

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  • Опубликовано: 12 июн 2024
  • Learn how positive expected value sports betting strategy works in this video. Useful links are shared below...
    The Betting Strategy That Got Me Banned: • The Betting Strategy T...
    OddsMonkey (UK) - bit.ly/3r55vkb
    OddsJam - bit.ly/3Em7oje
    EV Calculator - www.bettingpros.com/expected-...
    00:24 What is a positive EV betting strategy?
    00:51 How to calculate EV in sports betting
    02:46 Making money with expected values in sports betting
    03:18 Example of plus EV betting strategy compared
    04:57 Why arbitrage betting isn't as effective
    05:25 The advantages of positive EV betting strategy
    06:36 How to enhance profits and reduce risk
    07:02 Where can you find plus EV bets?
    07:51 Option 1
    08:26 Option 2
    This video is for informational purposes only explaining positive expected value betting strategy. Past results do not guarantee future outcomes, always do your own due diligence and behave responsibly. Some links within this description are affiliate links. If you click on one of them, I may receive a small commission. Thanks for watching.
    -------------------------------
    For more sports betting tips, subscribe to Caan Berry Pro Trader: / caanberry
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Комментарии • 130

  • @CaanBerryProTrader
    @CaanBerryProTrader  9 месяцев назад +3

    Here's a positive EV betting strategy in action: ruclips.net/video/_qofMbvaoIY/видео.html

  • @hcithomas2125
    @hcithomas2125 9 месяцев назад +62

    I just wished they add in a law to not be able to ban winners

    • @user-le8ll3kh8c
      @user-le8ll3kh8c 9 месяцев назад +3

      They could add a law where they have to take a max bet of £10 from ev players , I've been restricted to 84p ew & cannot even do a 10p lucky 15 , so for all intents & purposes my acc is fcked wi bet 365 😂😂😂

    • @itsthomas1028
      @itsthomas1028 9 месяцев назад

      Australian racing punters are the luckiest in this regard, in every state there is something called “MBLS” on a state by state basis with the exception of the NT

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +2

      You can add me to that list too!!

    • @user-le8ll3kh8c
      @user-le8ll3kh8c 9 месяцев назад

      @@CaanBerryProTrader your top of list 💯💥💥💥

    • @darthbrexit
      @darthbrexit 9 месяцев назад

      ​@@user-le8ll3kh8cI'm about there with skybet at the minute, can't put each way lucky 15 on, win only . Bet 365 fully nuked my account and told me their traders didn't want my business.😢😢spineless wankers.

  • @SportsBettingDude
    @SportsBettingDude 8 месяцев назад +5

    You're a good guy! Love your videos! Yes, positive EV betting is a great way to get an edge on sportsbooks. So many newbie sports bettors don't even realize just how easy it is to find positive EV betting opportunities on sportsbooks.
    Also, shopping for the best prices when betting on sports is a good practice too. That 10 points on odds can really add up over time.

  • @marcos_mathias
    @marcos_mathias 7 месяцев назад +1

    Você caiu do céu foi um achado de ouro. Feliz por ter encontrado o teu canal aqui do Brasil. Maratonado teus vídeos. São excelentes.

  • @croftrn
    @croftrn 9 месяцев назад +3

    I've been using your betFred "goals galore bonus" scheme....
    First four bets all won, banking me 1600 quid for 210 quid staked...
    Since then eight further bets, all of 50 quid have failed....
    But five were by only one of the eight teams failing to score...
    I know if I keep doing the schoolwork I'll profit in the long run...

  • @kyleHunter1986
    @kyleHunter1986 9 месяцев назад +1

    I have been working on a ev tool that finds and tracks bets. I find bets between 0.1% ev and 20% on wide outsiders. What range would you say is a good place to sit or would you bet on all just with various bet amounts based on bank roll and the ev % which is what I have been doing. Is there a rule you follow?

  • @Bghjssjald233
    @Bghjssjald233 8 месяцев назад +2

    The thing I don’t understand is the win probability, if you are betting on over/under 2.5 goals surely it isn’t a 50/50 it depends on who’s playing?

  • @johngotti8549
    @johngotti8549 9 месяцев назад +1

    Hi Caan, forgive me for being a pillock - I have noticed the betfair exchange has 10% longer odds than virtually all british books on football. How greater do the odds have to be to make it make sense? Cheers.

  • @bee3092
    @bee3092 9 месяцев назад

    Do you have a video on how not to get limited so quick? For arbing ALSO which bookies still have half decent limits after being limited? thank you

  • @JTbets81
    @JTbets81 3 месяца назад

    So what if winning implied odds are less then the ev play odds jam is recommending.For instances using nba props player x has to get 12.5 pts the wager is +110 thats around, 55% you cross reference his stats on cash props his season and trends are showing that his hit percentage is 42% wouldnt that be a negative bet? Or like you said you weigh the over/under to see if its a ev play? .

  • @user-ic6ep2tb3r
    @user-ic6ep2tb3r 6 месяцев назад

    Hello please does anyone know if I can use Poisson Distribution to calculate for EV betting?

  • @mungohalf-brain2743
    @mungohalf-brain2743 7 месяцев назад +1

    Hi I'm a football fan and I generally break even or make a small profit over the course of a season. I'm trying to improve my profit margins and a lot of what you say makes sense. I like your videos but can you explain your motivation behind sharing your strategies?

  • @thelifechannel5460
    @thelifechannel5460 9 месяцев назад

    So I seen odds on over 2.5 goals at 2.50 and under 2.5 goals at 1.50 So is the over 2.5 goals at 2.50 a positive EV ?

  • @Scooterandbmxeditz
    @Scooterandbmxeditz 6 месяцев назад +1

    Essentially we don’t need the calculators just find Bets At higher odds then the exchange?

  • @blakekarsmarski7685
    @blakekarsmarski7685 8 месяцев назад

    If you have a 30% probability of win or less do you still bet on it if it’s EV value is over 5%

  • @DanielTorres-qf4ux
    @DanielTorres-qf4ux 9 месяцев назад +1

    Any tips on how to find +EV bets? I'm just getting started and I want to put into practice all this before I pay a subscription service. I'm currently manually comparing sportsbooks odds to betting exchanges to find misprices, but it takes a lot of time to find mispricings. Please any tips would help!

    • @l70x54
      @l70x54 3 месяца назад

      Surebet website

  • @dumb5706
    @dumb5706 4 месяца назад +1

    I’m new to this and trying to learn. But the thing I don’t understand is for example if the bet is under/ over goals. Example u/o 5,5 goals. Is it rly 50% chance?

    • @dumb5706
      @dumb5706 4 месяца назад +1

      Like if I exaggerate a bit, say it’s u/o 20 goal in a match. It’s way more likely for it to be under 20 goals,

  • @DiyEcoProjects
    @DiyEcoProjects 9 месяцев назад

    Hi Caan, can i ask you something please?
    Am i able to place a single bet on the Sportbook over/under goals 2.5
    and then also place a single bet on the Exchange over/under goals 2.5
    ... for the same football match?
    if so, and betfair allows that, then theres lots to discover here :)

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +1

      Yes that's possible but the sportsbook odds will be a lot worse than exchange on the alternate line and you need to consider commission.

    • @DiyEcoProjects
      @DiyEcoProjects 9 месяцев назад

      @@CaanBerryProTrader hi, thanks for your reply. So ive run a test, welcome to have a look:
      Exchange Back £2 under 2.5 Goals @ 2.52 odds = £3.04 win, -2 loss
      Sportsbook Back £2 over 2.5 Goals @ 1.5 odds = £3 win, -2 loss
      *Btw I could have greened both by 20mins with no score
      Score / Predicted profit
      0 = 3.04 -2 = 1.04
      1 = 3.04 -2 = 1.04
      2 = 3.04 -2 = 1.04
      3 = -2 3 = 1
      ... but maybe thats betting £4 and only getting £1 back?, lets see.
      Score was 2 goals so I quit and greened Exchange for -0.58
      And greened Sportsbook for £1.23 each way
      Result:
      Exchange: -0.50 (of the 2 bet)
      Sportsbook:
      Stake: £2.00
      Cashed Out: £1.23
      Total Returns: £2.34
      So 2.34 -0.50
      Total = 1.84 - - - which i think added to my bank
      Ill run this again and see :)

    • @DiyEcoProjects
      @DiyEcoProjects 9 месяцев назад

      Exchange Back £2 under 2.5 Goals @ 2.46 odds = £2.92 win, -2 loss
      Sportsbook Back £2 over 2.5 Goals @ 1.57 odds = £3.14 win, -2 loss
      Score:
      0 = 2.94 -2 = 0.94
      1 = 2.94 -2 = 0.94
      2 = 2.94 -2 = 0.94
      3 = -2 3.14 = 1.14
      score 2 green for 0.03 1.13 = 1.16 @ 69mins... so greened
      Bank was 4.55
      Result now is 3.71... hmmm?
      Ah i doesnt green on sportsbook, just divides the bet between the two
      Score 2 green for 0.03 and 1.13 = 1.16 -2 = -0.84 @ 69mins shit!!! lol
      The first example won because scored 3 or more

  • @thedeeprot
    @thedeeprot 9 месяцев назад +2

    The amount of restrictions recently have been mad when making £££

  • @grigoriidifero
    @grigoriidifero 6 месяцев назад

    How do you know the win probability? The 27.4%.

  • @adobe3910
    @adobe3910 9 месяцев назад +2

    Great video…. The greyhounds didn’t work out for me after 300+ bets but Oddsjam have more than made up for it!

    • @johnristheanswer
      @johnristheanswer 9 месяцев назад +1

      I did analysis on the greyhounds. Over a week I noted prices that were at least double and up to TREBLE the bookies price on Betfair Exchange at sp. Still made a loss.

    • @adobe3910
      @adobe3910 9 месяцев назад

      @@johnristheanswer I did the greyhounds over a 3 week period. Here is my results and I do still believe it would have worked out if I had the patience....
      379 bets places
      75 winners
      304 losers
      Net loss = £88.30
      The mental impact of being on a losing streak from day 3 until day 16 and then from day 18 until the last day (21) were too much mental pressure too take personally.
      I definitely think it works but I need to understand that the sample size has to be done over a larger scale for it to show its true working.
      PS I hope Caan reads this as its nothing against him as I like him and his content!

  • @timblagdon103
    @timblagdon103 9 месяцев назад

    Is this just another way of calculating the over-round?

  • @cash_climber
    @cash_climber 9 месяцев назад +8

    On average, how much money can you make from a bookmaker before getting banned?

    • @FlyOner1
      @FlyOner1 9 месяцев назад

      It was 5k eur profit on my bet365 acc

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +1

      Fluctuates wildly. I've had accounts that have got to 8,000 before being slammed, although generally it's a lot less. A couple of hours and less than 100 is the worst.

  • @michaelsaab4610
    @michaelsaab4610 9 месяцев назад +1

    I appreciate you man thank you

  • @betbeast9372
    @betbeast9372 9 месяцев назад +2

    How did u come up with the probability to be 27.4 in the draw example?

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      The combined probability of the alternate outcomes.

    • @betbeast9372
      @betbeast9372 9 месяцев назад +2

      @@CaanBerryProTrader can u show me math

  • @blakekarsmarski7685
    @blakekarsmarski7685 8 месяцев назад

    How do you find the probability

  • @adrianmata1347
    @adrianmata1347 Месяц назад

    I still dont get where you got the win probability from

  • @ngabiranorauben460
    @ngabiranorauben460 Месяц назад

    How to get the app

  • @pellevandessel4100
    @pellevandessel4100 12 дней назад

    I have been a successful arbitrage player for over a year but I will have to switch to value betting since I got restricted by arbitrage betting. I’m unsure about one thing though, let’s take the example of the 3.00 and 1.8 odds. Of course these are profitable odds but I don’t understand how we know that 3.00 is the profitable of the 2. Now this might sound dumb because the odd is just higher, but when both teams are very defensive for example the 1.8 odd would win many more times no? With arbitraging it wouldn’t matter which of the 2 odds you choose because you cover all but I do not understand how to pick the wrongly priced odd….

  • @chikwandamwamba9464
    @chikwandamwamba9464 9 месяцев назад

    What betting exchange is available in Africa?

  • @Scooterandbmxeditz
    @Scooterandbmxeditz 6 месяцев назад

    The win probability percentage is wrong?

  • @betbeast9372
    @betbeast9372 9 месяцев назад +1

    So over/Under 2.5
    When ever a odds is over 2 its +ev?

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      No, that was an example in the video. When it's above it's fair odds it's +EV. At 2.0 a bets chance is 50%. If the true chance is 50% and odds are above 2.0 then this is +EV.

  • @acmarston
    @acmarston 8 месяцев назад +1

    Is this the same as what they call value betting?

    • @JohnnyBarnes-th7zc
      @JohnnyBarnes-th7zc 6 месяцев назад

      Yes because if you get positive ev that is value

  • @l8rg8r23
    @l8rg8r23 9 месяцев назад

    Any tips fo maintaining edge on exchanges? Is it even possible xD

  • @adrianmata1347
    @adrianmata1347 Месяц назад

    I need more examples on calculating the win probability

  • @BattlesDiplomacy
    @BattlesDiplomacy 9 месяцев назад

    Why have you chosen to use 50% as the win probability of the over/under 2.5 goals?

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      Because the probability of a 50-50 chance, EVS in fractions or 2.0 in decimals is equal to 50%.

    • @brendan904
      @brendan904 9 месяцев назад

      Yes but then you say to take the price if its 3.0 disregarding the fact that if it were 3.0 you'd actually give it a 33.3% probability. I trade markets and I've watched your video several times but I can't see how your logic isn't circular, perhaps there is some miscommunication

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +1

      ​@@brendan904 If the chance of it it happening is 50%, anything above 2.0 is value, anything below is not. So 3.0 is +EV, 1.8 is -EV.

    • @JohnnyBarnes-th7zc
      @JohnnyBarnes-th7zc 6 месяцев назад

      Brendan if the probability is actually 50% ie. 2.0 but you manage to get 3.0 for that selection elsewhere then that's value because 'the real' probability is still 50%, what part don't you understand???

  • @amazingeuan1988
    @amazingeuan1988 9 месяцев назад

    I don’t get how u get the probability of it happening, like if it was Man U vs Man City, how do you know the probability?

    • @TicTac2
      @TicTac2 9 месяцев назад

      well that's the game I guess. something like football will need models which require expertise. some sports might not need models in the same way

  • @liamgavs
    @liamgavs 9 месяцев назад

    Been making money sports betting for 3 months now, however my accounts are beginning to get restricted/banned. Any tips on how to prevent this?

  • @armaciudi
    @armaciudi 8 месяцев назад

    You can try the opposite in order to minimize the short term losses, bet on big efficient leagues

  • @paulconey252
    @paulconey252 9 месяцев назад +1

    Caan,love you exposing the cartel bookmakers but caan don't like the bet365 advert, how this?

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      No bet365 ad here mate! I think they wouldn't lke people telling others how to get +EV either to be fair, like an anti-advert kinda thing lol

  • @adamekbergfreij6848
    @adamekbergfreij6848 5 месяцев назад

    How did you get 27.4%

  • @brendan904
    @brendan904 9 месяцев назад

    But if you're getting your probabilities from the pricing of the market, it can't by definition give you a positive expected value. In your example you take a market priced at evens and take it that it's a 50% probability and then say if it's 3.0 that's a positive EV, but if it was at 3.0 you'd actually recalculate your probabilities and pitch it at 33.3%, it seems that what is being suggested is where there is a negative overround

    • @brendan904
      @brendan904 9 месяцев назад

      I also noticed on third viewing that in your example overs is 3 and unders in 1.8, in actual fact if this happened you'd be insane not to bet on both outcomes, unders would be 1.5 if overs is 3s

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      ​ @brendan904 If the chance of it it happening is 50%, anything above 2.0 is value, anything below is not. So 3.0 is +EV, 1.8 is -EV. Your 33.3% you quote would be the price paid, not the actual chance of it happening. 3.0 is a big price for a 50% chance.

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      If the chance of it it happening is 50%,1.8 would be a -EV bet (a bad bet) wouldn't advise backing it.

    • @brendan904
      @brendan904 9 месяцев назад +1

      @@CaanBerryProTrader No I totally get that but my confusion arises from the fact that you seem to derive the probability from the odds in the first place, so you've said it's a 50% chance because it's evens

    • @brendan904
      @brendan904 9 месяцев назад +1

      @@CaanBerryProTrader wouldn't advise backing it as a stand-alone but if you had one side of a market at 3s and the other at 1.8, always take both as that's well under 100% book

  • @samsonmuchinduu2663
    @samsonmuchinduu2663 4 месяца назад

    I'll stick with both teams to score for now🔥

  • @leefds7042
    @leefds7042 7 месяцев назад +1

    Does this also work with brokers?

  • @livinaskipp8354
    @livinaskipp8354 9 месяцев назад +1

    It's absolutely pointless trying to beat the bookmaker. You WILL get banned or restricted if you are getting value regardless if you win or not. Fact. Exchanges are the only way to reduce the chance of being restricted

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      I hear your pain, bookies are a bit of a nightmare at the moment. You can beat them but it becomes hard work consistently at any kind of decent level. Exchanges are the way, although there's premium charges there too.

  • @danielesbordone1871
    @danielesbordone1871 7 месяцев назад +2

    Most bookies have similar odds , they most likely work together. Yeah , once every blue moon you can find some kind of mismatch, but it's very rare.

  • @rickkybear
    @rickkybear 9 месяцев назад +1

    Im looking at doing this mans pre race trading course. Anyone done it, with some feedback and/or decent results?
    Thanks

    • @tonywoods4067
      @tonywoods4067 9 месяцев назад +1

      I've recently started it and in my opinion from what ive seen so far is what he shows would take along time to learn your self, it's not the answer but a great fundamental base to build on your self. Caan is a genuine bloke who's done it and I for one am thankful he's released the video pack

  • @Mark-ib2st
    @Mark-ib2st 9 месяцев назад +5

    Caan the exposing the bookies videos get more views 😉

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +1

      They get more legal letters too :)

    • @Mark-ib2st
      @Mark-ib2st 9 месяцев назад

      @@CaanBerryProTrader didn't realise Paras were afraid of letters (mostly bc they can't read) 😉 any chance you can RT me if I tweet you?

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +1

      Haha far from it, although it gets more expensive. Ye of course :)

  • @wayneburton4172
    @wayneburton4172 4 месяца назад +1

    But it takes your 2% on betfair

  • @jarewkiprop2237
    @jarewkiprop2237 9 месяцев назад +1

    sure, pinnacle and lasbet

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      Sharp books.

    • @jarewkiprop2237
      @jarewkiprop2237 9 месяцев назад

      steam chasing at its best, making around 8 percent ROI each month over 200 games@@CaanBerryProTrader

  • @blackmagick77
    @blackmagick77 4 месяца назад

    Why do sports books care if you arbitrage? Don't they take a rake or commission anyway? People are going to bet on side a and side b anyway who cares if it's you

  • @liamgavs
    @liamgavs 9 месяцев назад +1

    If you’re in australia do not use oddsjam it only covers 6 bookies and 5 sports leagues (afl nrl, mlb nfl nba). Bonusbank covers 70+ bookies and is half the price.

  • @imemine8605
    @imemine8605 6 месяцев назад

    Mate sorry for spamming this on your videos but you need to do a video on this to highlight this to people i dont want more people getting scammed.
    On william hill they have a lot of double odds offers for exsmple kane to score bayern to win by 2 was 7/4 now 7/2 but if you put these in the bet builder yourself its generally closer to the 7/2 than the supposed 7/4.
    This tactic is used across all sports the starting prices are lnowhere bear as low as the grnuine price is its a con.
    Whats made me make this post is todays offer paul nichols to have a winner at Cheltenham today max bet a fivet 5/4 doubked to 5/2 so i stupidly had the fiver before looking at the cards and he had 2 runners a 5/1 and a 28/1 shot so obviously a terrible offer.
    Then the 28/1 is announced as a non runner and their still advertising the bet and taking people's money for half the price the horse is running at.
    Disgusting

  • @LifeofLiam
    @LifeofLiam 9 месяцев назад

    Still confused

  • @s100255
    @s100255 9 месяцев назад +1

    Are you saying positive EV bets are better than free money by arbitrage ?

    • @spamgwin4166
      @spamgwin4166 8 месяцев назад

      U dnt know wat ur on abt 😂😂

  • @SnapshotPT
    @SnapshotPT 7 месяцев назад

    so basically you need some payed tool to detect EV betting opportunities....

  • @Robin-ou1gg
    @Robin-ou1gg 8 месяцев назад

    You seem to have no idea what you’re talking about, just copy paste like all the other yt videos. With arbitrage you can bet all you own, with positive ev betting you can bet max 5% of your bankroll with a 50% chance of winning. Now do the math

  • @Everything-football
    @Everything-football 9 месяцев назад

    Theyd never give 3 odds amd 1.8 😂 thats 4.8 total over under 2.5 is always under 4

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      It's a theoretical example to explain, the video says this.

    • @Everything-football
      @Everything-football 9 месяцев назад

      @@CaanBerryProTrader I always get the feeling you always leave something out in your videos. I think most casuals wouldn't understand your content. Nevertheless I doubled my bankroll with one of your single bets strategy so thank you.

  • @johnristheanswer
    @johnristheanswer 9 месяцев назад

    That " odds discrepancy " would last less than 1 second.

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      Nope, although they do monitor these things too (not very well)

    • @johnristheanswer
      @johnristheanswer 9 месяцев назад

      @@CaanBerryProTrader I meant the example Caan. Not real world prices.

  • @kevinlock7637
    @kevinlock7637 9 месяцев назад +1

    Any one can do it just get past the fried brain i have no idea what he does guess thats why i am the ideal punter guess my bro being big on the bookies makes me turn away from it i barely understand each way

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      Would advise watching the numbers segment again and jotting down some examples you can find. I find examples are the best way to learn.

  • @bee3092
    @bee3092 9 месяцев назад

    Coral banned me after 1 bet lol ( a low quality market)

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад +1

      ...it's really frustrating when they do that! Still, if they don't ban you eventually you're just losing money to them.

  • @abdelrahmansayed111
    @abdelrahmansayed111 9 месяцев назад

    You did a video told us that bet 365 is fraud and will got you banned for 1 year before ! 😂

    • @CaanBerryProTrader
      @CaanBerryProTrader  9 месяцев назад

      No, I said they will limit and restrict your account for winning. They don't play fair, it doesnt mean some people can't use them until that happens - or, potentially, you could find a way of getting bets with another.

  • @akugrimathew5199
    @akugrimathew5199 6 месяцев назад

    Is a nice betting strategy but bookers doesn’t favor we Africans